Bloomberg
Many EM Countries Using Crisis as Opportunity, UBS Says
Shamaila Khan, head of fixed income for emerging markets and Asia Pacific at UBS Asset Management, discusses the prospects for the markets. Investors who stuck with bonds from countries that defaulted or are on the brink are betting the...
Bloomberg
China Likely to Deliver Further Stimulus, GAMA Says
Rajeev De Mello, global macro portfolio manager at GAMA Asset Management, discusses policies of central banks including the Federal Reserve, the implications for financial markets, and his views on China. He speaks with Kathleen Hays and...
Bloomberg
The Fed Is Stuck Right Now, Crossmark's Fernandez Says
Crossmark Global Investments Chief Market Strategist Victoria Fernandez says the Federal Reserve will definitely hike rates at the July meeting on "Bloomberg The Open."
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Bloomberg
US Employers Added Fewer Jobs in June Than Projected
Nonfarm payrolls increased 209,000 after a downwardly revised 306,000 advance in May, a Bureau of Labor Statistics report showed. The unemployment rate fell to 3.6%. Mike McKee reports on "Bloomberg Surveillance."
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Bloomberg
BlackRock's Rieder Still Expects Fed Rate Hike in July
Rick Rieder, BlackRock CIO of Fixed Income, says he still thinks the Federal Reserve will raise interest rates again in July. He's on "Bloomberg the Open"
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Jobs Report May Be Turning Point for Fed, Kroszner Says
Former Federal Reserve Governor Randall Kroszner, a University of Chicago Booth School economics professor, expects the Federal Reserve to hold rates in the "mid-fives" for a while during an interview on "Bloomberg Surveillance."
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Bloomberg
Fed Policy Isn't That Restrictive, Vanguard's Davis Says
Joseph Davis, global head of Vanguard's Investment Strategy Group (ISG), says the labor market needs to loosen or the US will still have an inflation problem at the end of the year on "Bloomberg Markets: The Close."
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Fed's Logan: More Rate Increases Will Likely Be Needed
"I remain concerned about whether inflation will return to target in a sustainable and timely way," Federal Reserve Bank of Dallas President Lorie Logan says at the Central Bank Research Association's annual meeting in New York.
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Bloomberg
Minutes From June Fed Meeting Reveal Policy Divisions
"Almost all participants judged it appropriate or acceptable to maintain the target range for the federal funds rate at 5% to 5.25%," minutes from the June 13-14 meeting said." Mike McKee reports on "Bloomberg Markets: The...
Bloomberg
One More Fed Hike 'Baked in Cake': Evercore ISI's Hyman
Evercore ISI founder and Chair Ed Hyman says anything more than one Federal Reserve rate hike is a mistake and will increase the likelihood of a recession. He speaks during an interview with Jonathan Ferro and Tom Keene on "Bloomberg...
Bloomberg
Standard Chartered: Upgraded Equities to a Core Holding
Audrey Goh, senior cross asset strategist at Standard Chartered Wealth Management Group, shares her views on equities, bonds, and policies of central banks including the Federal Reserve. She speaks with Haidi Stroud-Watts and Shery Ahn...
Bloomberg
Bank of America, Citigroup Challenge Projections in Fed's Stress Tests
Bank of America Corp. and Citigroup Inc. started discussions with the Federal Reserve after the central bank's annual stress tests projected results that differ from the lenders' forecasts. Katherine Doherty reports on Bloomberg Television.
Bloomberg
Oaktree's Panossian: Market Liquidity Meaningfully Lower
Incoming Oaktree Capital Management co-CEO Armen Panossian says that liquidity in the market is meaningfully lower than what it was pre-Covid. Speaking with Katie Greifeld on "Real Yield," Panossian says the change is partly because...
Bloomberg
BOJ's Ueda Keeps Central Bankers Laughing in Sintra
Bank of Japan Governor Kazuo Ueda kept other central bankers laughing during a discussion on June 28, at the European Central Bank's annual retreat in the Portuguese hilltop resort of Sintra.
Bloomberg
Kroszner Says Fed Could Raise Rates to 6%
Former Federal Reserve Governor Randall Kroszner talks about the impact of Federal Reserve rate hikes on bonds and equities. He says rates could go as high as 6%. He speaks on Bloomberg Television.
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Bostic Sees 'Green Shoot of Hope' in Services Inflation
"When will restrictive monetary policy start restraining inflation more powerfully? Put simply, not as soon as I'd like," Federal Reserve Bank of Atlanta President Raphael Bostic says at the annual dinner of the Irish Association of...
Bloomberg
Powell Indicates Two or More Fed Hikes by End of Year
A strong majority of Federal Reserve policy makers say "it will be appropriate to raise interest rates two or more times by the end of the year," Fed Chair Jerome Powell said during a speech at the Bank of Spain in Madrid, Friday. "The...
Bloomberg
Standard Chartered Favors High-Quality Bonds, Japan Stocks
Daniel Lam, head of equity strategy at Standard Chartered Wealth Management, discusses Federal Reserve policy and the implications for financial markets. He speaks with Haidi Stroud-Watts and Shery Ahn on "Bloomberg Daybreak: Asia."
Bloomberg
Bank of Japan May Tweak Yield Curve Control in 3Q 2023, HSBC Says
Frederic Neumann, chief Asia economist at HSBC Holdings Plc, discusses policies of regional central banks including the Bank of Japan. He speaks with Yvonne Man and David Ingles on "Bloomberg Markets: China Open."
Bloomberg
BOE's Bailey Hints Rates Could Stay at Peak Levels
Bank of England Governor Andrew Bailey hinted that interest rates could remain at peak levels for longer than traders currently expect. He spoke on a panel in Portugal on Wednesday afternoon.
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Fed's Powell: Don't See 2% Core Inflation Before 2025
"We will be restrictive as long as we need to be," Federal Reserve Chair Jerome Powell says during a panel discussion at the ECB Forum on Central Banking in Sintra, Portugal.
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Pimco's Clarida Says Fed Could 'Ratchet Down Rates' Next Year
Richard Clarida, global economic advisor at Pacific Investment Management Co. (Pimco) and former Federal Reserve vice chairman, says the Fed could "ratchet down rates" in 2024 despite not meeting its inflation target. "We could see cuts...
Bloomberg
Powell Won't Rule Out Fed Hiking at Consecutive Meetings
Federal Reserve Chair Jerome Powell says monetary policy is not restrictive enough during a panel discussion at the ECB Forum on Central Banking in Sintra, Portugal.
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Fed's Powell: Recession Not the Most Likely Case for US
Federal Reserve Chair Jerome Powell says there is a significant chance of a recession in the US but it is not the most likely case during a panel discussion at the ECB Forum on Central Banking in Sintra, Portugal.
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